ETRC IN-PERSON

today September 28, 2022my_locationIn-Person


Background
Program
Select arrow_drop_down
9:10 am remove 9:15 am
keyboard_arrow_down
Background

Welcome from Commodities People

9:15 am remove 9:40 am
keyboard_arrow_down
Background

Impact of recent market turmoil on energy market

Thumbnail Xavier Veillard, Partner, McKinsey

Thumbnail Joscha Schabram, Expert Associate Partner, McKinsey

KEYNOTE
• Wholesale gas price signals key to achieve “physical balance"
- Supply to Europe ramped up rapidly (diverted from other regions)
- Gas prices causing significant demand reduction
• Tight LNG supply driving correlation of gas indices globally
- Additional LNG demand from Europe results in tight market
- Gas price indices globally increasingly ‘converging

9:40 am remove 10:15 am
keyboard_arrow_down
Background

Price volatility in energy markets: Thriving in the new abnormal

Thumbnail Christian Baer, Secretary General, EUROPEX

Thumbnail Mark Copley, CEO, EFET – European Federation of Energy Traders

Thumbnail Richard Pohl, Senior Project Manager for Green and Digital Energy, Horváth & Partners

Thumbnail Cornelia Kawann, Head of Division Market Surveillance, Federal Electricity Commission - ElCom

PANEL DISCUSSION
• A look at the past 12 months price trends: Opportunities and struggles for the front office
• From an operational perspective: What has the tightness of prices revealed? Best practices around collateral management, risk management and settlement
• Technology: What can be done to unburden other departments?
• Price caps and governments intervention: What impact for the markets? How do we restore confidence in trading?

10:15 am remove 10:45 am
keyboard_arrow_down
Background

Security of supply vs fit for 55

Thumbnail Peter Styles, Executive Vice Chair of the Board, EFET

Thumbnail Mark Simons, Head of Gas & Power Trading Origination, TotalEnergies

Thumbnail Davide Rubini, Head of Regulatory Affairs - Gas / Power & Environmental Products EMEA, Vitol

Thumbnail Kathryn Porter, Energy Consultant, Watt-Logic

Thumbnail Mónika Zsigri, Head of Unit of DG Energy - Energy Platform Task Force, European Commission

PANEL DISCUSSION
• Do we see a shift back to fossil due to the price situation?
How can security of supply be maintained in the context of sanctions on Russian gas?
- Does Europe have any alternatives to reliance on Russian gas?
- Is LNG the solution?
- Does gas still have a role to play in the energy transition?
• What might some of the long term implications be for energy markets from current high gas prices?

10:45 am remove 11:30 am
keyboard_arrow_down
Background

Coffee break

11:30 am remove 11:40 am
keyboard_arrow_down
Background

Opening speech by Chairperson

1:00 pm remove 2:20 pm
keyboard_arrow_down
Background

Lunch

2:35 pm remove 3:10 pm
keyboard_arrow_down
Background

Q&A with the financial regulators

Thumbnail Dr Martin Rose, EMIR & MiFID Expert, Federal Financial Supervisory Authority - BaFin

Thumbnail Stephen Hanks, Technical Specialist, FCA

Thumbnail Gerfried Krömer, Senior Compliance Advisor, Shell Trading

Thumbnail Christian Huurman, Senior Supervision Officer Capital Markets & Data, AFM Autoriteit Financiële Markten

PANEL DISCUSSION
In this session, regulators will be answering questions from the audience, including around:
• MiFID quick fix: Position limits
• EMIR review and possible outcome?
• Cases and enforcement

3:10 pm remove 3:50 pm
keyboard_arrow_down
Background

Coffee break

3:50 pm remove 4:40 pm
keyboard_arrow_down
Background

Over a decade of REMIT: Challenges, lessons learnt, what next?

Thumbnail Aviv Handler, Managing Director, ETR Advisory

Thumbnail Marek Dal-Canton, Compliance Officer, Statkraft

Thumbnail Gerfried Krömer, Senior Compliance Advisor, Shell Trading

Thumbnail Sonia Auguscik, Secretary of the Trade Compliance Group, EFET – European Federation of Energy Traders

PANEL DISCUSSION
The panel will look at the various challenges faced by market participants and regulators along the way, around:
• Reporting
• Information publication
• Market manipulation

But will also answer the question: Is REMIT fit for renewables?
• Publication thresholds: What changes need to be done to cater for renewables?
• New clean energies not REMIT products - Is that meant to change?

4:40 pm remove 5:30 pm
keyboard_arrow_down
Background

Roundtable discussions - RegTech

Thumbnail Eren Erman, Compliance Technology Lead - Trade & Business Communication Surveillance, TP ICAP

Thumbnail James Curphey, Compliance Manager Global Trade Surveillance America - EMEA & Asia, Shell International Trading & Shipping Company

Thumbnail Yasmine Li, Head of Surveillance EMEA, Macquarie Group

Thumbnail Oliver Blower, Group Chief Executive Officer, VoxSmart

ROUNDTABLE DISCUSSIONS
After 5 short presentations (5minutes each), the audience will be divided into groups to reflect on a specific area, with the guidance of each presenter. After 20 minutes of debate and discussion, the presenters will be on stage to share takeaways and findings for the benefit of the whole audience.
The topics which will be discussed are:
• Communications surveillance: Where are we? What level of maturity do we see in energy trading?
• Trade surveillance in the energy space: How do you deal with intraday and spot market challenge?
• Cross market and cross product surveillance: How do you implement this?
• Regulators’ expectations around surveillance outsourcing
• Response to financial crimes: How do you embed AML transaction monitoring to your surveillance?

5:30 pm remove 7:00 pm
keyboard_arrow_down
Background

Drinks reception and entertainment

9:15 am remove 9:40 am
keyboard_arrow_down
Background

Sanctions against Russia: How is energy trading affected?

Thumbnail Ailsa Longmuir, General Counsel, Centrica Energy Marketing and Trading & Centrica Business Solutions

PRESENTATION
• Status report on The Russian sanctions: Who and what? Practical impact
• Know who you deal with along the supply chain
• How sanctions shape your KYC procedures

9:40 am remove 10:25 am
keyboard_arrow_down
Background

Regulatory reporting: How do you manage volume and change of requirements?

Thumbnail Paul Rennison, Director of Product Management, deltaconX

Thumbnail René Dietz, Head of Regulatory Reporting, Statkraft

Thumbnail Aviv Handler, Managing Director, ETR Advisory

PANEL DISCUSSION
• Recap: Reporting obligations under the financial and energy regulations
• With reporting requirements coming left, right and centre, how do you manage data collection?
• How can you optimise the reporting functions?
• Adapting to a dynamic space

10:25 am remove 10:45 am
keyboard_arrow_down
Background

Algo trading: Make peace with your traders!

Thumbnail Erik Hauptvogel, Senior Compliance Officer, Axpo

PRESENTATION
With more and more trading floors engaging, or wanting to engage in algo trading, what are the safeguards compliance teams should put in place to enable algo trading, without compromising on compliance? This session will present a roadmap to safely and compliantly implement algo trading.

10:45 am remove 11:30 am
keyboard_arrow_down
Background

Coffee break

11:30 am remove 12:15 pm
keyboard_arrow_down
Background

Position limits under MiFID II - Review one month after new RTS implementation

Thumbnail Gerfried Krömer, Senior Compliance Advisor, Shell Trading

Thumbnail Aviv Handler, Managing Director, ETR Advisory

Thumbnail Dr Martin Rose, EMIR & MiFID Expert, Federal Financial Supervisory Authority - BaFin

PANEL DISCUSSION
• Remaining EU Limits / UK Limits
• Divergence in EU / UK approach to position limits and forbearance declarations
• Limit per product and not per venue: Will that be implemented? What would the impact of venue aggregation be for trading companies?
• Position management: How venues are dealing with it
• What further changes do we expect?

12:15 pm remove 1:00 pm
keyboard_arrow_down
Background

Intersection between prices and regulatory status: Coping with price spikes

Thumbnail Christina Tarnanidou, Assistant Professor in Commercial & Financial Law, Athens University of Economics and Business - AUEB

Thumbnail Cornelia Kawann, Head of Division Market Surveillance, Federal Electricity Commission - ElCom

Thumbnail Prof. Dr. Sotirios Manolkidis, Vice President, Regulatory Authority for Energy (Greece)

Thumbnail Mike Bostan, Market Supervision Committee Manager, EFET

PANEL DISCUSSION
• Very high prices: Impact on liquidity, margining cost, thresholds
• Scarcity, and spikes in Intraday, Day Ahead, balancing, ancillary services: What do you do when prices go crazy? Overview of measures
• How do you work on the liquidity issues? Perspective of the regulators and market participants

1:00 pm remove 2:20 pm
keyboard_arrow_down
Background

Lunch

2:20 pm remove 3:05 pm
keyboard_arrow_down
Background

Roundtable discussions around compliance culture and working hybrid

Thumbnail Daniel Chiechi, Head of Compliance | Wholesale Markets, DRAX

Thumbnail Oliver Spindler, Compliance Officer, Vattenfall

Thumbnail Gordon Allott, President & CEO, BroadPeak Partners Inc.

ROUNDTABLE DISCUSSIONS
• Measuring compliance culture: What sort of metrics do you have in place?
• Hybrid environment: Challenges and solutions


Details
Begin September 28, 2022 H 9:15 am
End September 29, 2022 H 5:30 pm
Location In-Person
Rate it
Get Energy Trading Premium Content in Your Inbox!
Enter your details and topics of interest and we’ll send you fresh energy news and insights weekly!
Get Weekly Energy Trading Premium Content in Your Inbox!
Enter your details and topics of interest and we’ll send you fresh energy news and insights weekly!
You are Subscribed!
Thank you for your subscription. Energy News will be coming your way soon!
You are Subscribed!
Thank you for your subscription. Energy News will be coming your way soon!
Get Energy Trading Premium Content in Your Inbox!
Enter your details and topics of interest and we’ll send you fresh energy news and insights weekly!
Get Weekly Energy Trading Premium Content in Your Inbox!
Enter your details and topics of interest and we’ll send you fresh energy news and insights weekly!
You are Subscribed!
Thank you for your subscription. Energy News will be coming your way soon!
You are Subscribed!
Thank you for your subscription. Energy News will be coming your way soon!
This website uses cookies to ensure that you get the best experience.
This website uses cookies to ensure that you get the best experience.
0:00
0:00